After the LUNA collapse, many crypto companies entered a difficult period. One of them was the cryptocurrency lending company Celsius.
Celsius, which suspended withdrawals in June, filed for bankruptcy protection in July.
While Celsius victims were unable to withdraw their money and the company was under bankruptcy protection, former CEO Alex Mashinsky continued to empty their wallets, causing backlash.
Mashinsky withdrew $27 million before the company went bankrupt. According to Nansen data, Mashinsky continues to empty the wallets.
According to the latest information, UniSwap and Metamask are worth $1 million from the former CEO’s wallets. CEL and USDC sent.
According to Nansen data, Mashinsky still has $192,000 in assets in his wallets.
Another account tracking the wallets of the CEO of Celsius, noting wallet movements that have not yet been verified as Mashinsky’s wallet, said, “Alex Mashinsky is a very bad guy. He stole money from his company on the brink of bankruptcy and now thousands of CEL tokens are starting to dump.” said.
Alex Mashinsky is such a cartoonish villain. After getting called out for stealing money from his company on the brink of bankruptcy, he starts dumping hundreds of thousands of dollars of $CEL tokens across multiple wallets.
He’s dumping I write this, last trade 3 min ago) pic.twitter.com/Ugg9Q7yDTZ— Coffeezilla (@coffeebreak_YT) October 11, 2022
CEL token As of our news hour, it continues to be traded at $ 0.95.
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